Anoto Group AB (FRA:XTL1) Cyclically Adjusted PS Ratio: 0.80 (As of Aug. 01, 2026) — 900% Above Median

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FRA:XTL1 Anoto Group AB FRA:XTL1
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What is Anoto Group AB Cyclically Adjusted PS Ratio?

Anoto Group AB FRA:XTL1 +33.33% 12 Cyclically Adjusted PS Ratio is 0.80 as of Aug. 01, 2026, which is 900% above its 10-year median of 0.08. GuruFocus rates FRA:XTL1 with a GF Score™ of 12/100. The stock has 5 warning signs investors should review. Among 1,590 Software companies, Anoto Group AB ranks better than 93.9% on this metric.

As of today (2026-08-01), Anoto Group AB's current share price is €0.008. Anoto Group AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €0.01. Anoto Group AB's Cyclically Adjusted PS Ratio for today is 0.80.

The historical rank and industry rank for Anoto Group AB's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:XTL1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.08   Max: 0.36
Current: 0.14

During the past years, Anoto Group AB's highest Cyclically Adjusted PS Ratio was 0.36. The lowest was 0.02. And the median was 0.08.

FRA:XTL1's Cyclically Adjusted PS Ratio is ranked better than
93.9% of 1590 companies
in the Software industry
Industry Median: 1.63 vs FRA:XTL1: 0.14

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Anoto Group AB's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.000. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €0.01 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anoto Group AB  (FRA:XTL1) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Anoto Group AB Cyclically Adjusted PS Ratio Related Terms


Anoto Group AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Anoto Group AB's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Anoto Group AB Cyclically Adjusted PS Ratio Chart

Anoto Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.07 0.10 0.06 0.04

Anoto Group AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.05 0.04 0.04 0.10

FRA:XTL1 vs MSFT, ORCL, PLTR: Cyclically Adjusted PS Ratio Comparison

For the Software - Infrastructure subindustry, Anoto Group AB's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Anoto Group AB Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Anoto Group AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Anoto Group AB's Cyclically Adjusted PS Ratio falls into.


FRA:XTL1
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Anoto Group AB FRA:XTL1
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Anoto Group AB Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Anoto Group AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.008/0.01
=0.80

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Anoto Group AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Anoto Group AB's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0/133.5600*133.5600
=0.000

Current CPI (Mar. 2026) = 133.5600.

Anoto Group AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.159 101.019 0.210
201609 0.051 101.138 0.067
201612 0.084 102.022 0.110
201703 0.055 102.022 0.072
201706 0.053 102.752 0.069
201709 0.054 103.279 0.070
201712 0.021 103.793 0.027
201803 0.024 103.962 0.031
201806 0.025 104.875 0.032
201809 0.022 105.679 0.028
201812 0.020 105.912 0.025
201903 0.019 105.886 0.024
201906 0.020 106.742 0.025
201909 0.019 107.214 0.024
201912 0.018 107.766 0.022
202003 0.012 106.563 0.015
202006 0.008 107.498 0.010
202009 0.008 107.635 0.010
202012 0.008 108.296 0.010
202103 0.007 108.360 0.009
202106 0.005 108.928 0.006
202109 0.010 110.338 0.012
202112 0.006 112.486 0.007
202203 0.007 114.825 0.008
202206 0.007 118.384 0.008
202209 0.009 122.296 0.010
202212 0.003 126.365 0.003
202303 0.005 127.042 0.005
202306 0.003 129.407 0.003
202309 0.002 130.224 0.002
202312 0.003 131.912 0.003
202403 0.003 132.205 0.003
202406 0.002 132.716 0.002
202409 0.001 132.304 0.001
202412 0.000 132.987 0.000
202503 0.001 132.825 0.001
202506 0.000 133.699 0.000
202509 0.001 133.480 0.001
202512 0.000 133.390 0.000
202603 0.000 133.560 0.000

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 0.80 mean?
Anoto Group AB (FRA:XTL1) has a Cyclically Adjusted PS Ratio of 0.80 as of Aug. 01, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Anoto Group AB and its competitors. This is 900% above median its historical median of 0.08. Over the past decade, Anoto Group AB's Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.36. According to the industry distribution chart, Anoto Group AB ranks #97 out of 1590 companies in the Software industry, placing it in the top 6.1%.
Is Anoto Group AB's Cyclically Adjusted PS Ratio too high?
Anoto Group AB's current Cyclically Adjusted PS Ratio of 0.80 is 900% above median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.36. The Software industry median Cyclically Adjusted PS Ratio is 1.63. Anoto Group AB's value of 0.80 is 50.9% below this industry median. Based on the distribution chart, Anoto Group AB ranks #97 out of 1590 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Anoto Group AB has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Anoto Group AB's Cyclically Adjusted PS Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Anoto Group AB ranks #97 out of 1590 companies for Cyclically Adjusted PS Ratio. This places Anoto Group AB in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.63. Anoto Group AB's value of 0.80 is 50.9% below this benchmark. Historically, Anoto Group AB's own Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.36 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 1.63, Anoto Group AB has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.63, based on 1,590 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Anoto Group AB's current Cyclically Adjusted PS Ratio of 0.80 is 50.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Anoto Group AB and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anoto Group AB's current Cyclically Adjusted PS Ratio is 0.80, which is 900% above median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anoto Group AB stock overvalued right now?
Anoto Group AB (FRA:XTL1) has a current Cyclically Adjusted PS Ratio of 0.80. The current Cyclically Adjusted PS Ratio is 0.80, which is 900% above median its 10-year median of 0.08 and 50.9% below the Software industry median of 1.63. Anoto Group AB's overall GF Score™ is 12/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Anoto Group AB (FRA:XTL1), the current Cyclically Adjusted PS Ratio is 0.80 as of Aug. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Anoto Group AB Business Description

Address Flaggan 1165, Stockholm, SWE, 116 74
Anoto Group AB is a technology company that specializes in digital writing and drawing solutions. The company is organized into the following business units - Enterprise Solutions and Licensing, which focuses on systems, products, and services that target businesses, mainly in the field of forms processing, document management, and signature capture, Livescribe, Knowledge AI, and OEM Business. The company generates revenues from mainly product sales but also from licenses and royalties in multiple geographies. It offers a broad portfolio of products, applications, and services to business, consumer, and education markets, including digital note-taking, creative solutions, collaborative solutions, classroom learning solutions, and document processing and management.
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